Significant Insider Sales Reported in Shares of AO Smith (AOS) Extending the Trend of Last Quarter

Two insiders — Mark D Smith, Director, and Wilfridus M Brouwer, Officer — today, disposed of 32,600 shares of AO Smith having a market value of approximately $2,056,474, as disclosed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 62,856 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 95,456 shares and have averaged 19,091 shares per transaction over this time period.

The number of insider buy/sell trades at AO Smith is greater than that of the 41 peer company average over the last 90-day period. The Electrical Components & Equipment peer group saw 25 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by AO Smith insiders is lower than its peers. Within the peer group there were 668,753 shares purchased and 17,369,825 shares sold with company insiders selling 668,043 shares on average over this time period.

The data used in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.